This report is an in-depth evaluation of the industry in the United
States.

The report is based on extensive and comprehensive business surveys.
This report is utilized for a range of strategic purposes, including
benchmarking, due diligence, cost cutting, planning, evaluating
opportunities, forecasting, streamlining, and gap analysis.

Review the table of contents or download a sample report to see the
broad and in-depth insights, which leaders have come to depend on for
their research, strategic and benchmarking needs.

This industry includes companies primarily engaged in manufacturing
medical equipment and supplies. companies primarily engaged in grinding
eyeglasses and hard contact lenses to prescription, on a factory basis,
are included.

REPORT HIGHLIGHTS

INDUSTRY SIZE & ATTRACTIVENESS

In 2018, industry sales were $96.6 billion

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INDUSTRY GROWTH

Over the past 3 years, the industry has grown at an annual rate of 2.2%

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COMPANY GROWTH

There are 9,659 companies in the industry

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SALES PER COMPANY

In 2018, the average sales per company was $10.0 million

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INFLATION & PRICING

2019 forecasted inflation is 1.1%

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FINANCIAL RATIO BENCHMARKS

Companies average a Fixed Asset Turnover ratio of 2.5

Benchmark nine other important financial ratios

RIGHTSIZING ANALYSIS

Employee productivity is $336,792

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EXPENSE BENCHMARKING

2.7% of expenses are spent on health insurance

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OPERATING EXPENSES

In 2018, industry operating expenses grew 4.5%

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PAYROLL

In 2018, payroll per employee was $66,272

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PAYROLL BY STATE

California averages $61,196 in payroll per employee

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JOB CATEGORIZATION BENCHMARKS

7.9% of employees in the industry are in management positions

Benchmark against 13 other job categories

JOB CATEGORIZATION PAY RANGES

The average industry hourly pay for office and administrative jobs is
$20.24

Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay
ranges in 14 job categories

The above highlights represent a small fraction of what you will
find in this report